The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
Fortune
—
Leopold Aschenbrenner sold the bulk of his firm, Situational Awareness, to Citadel at a discount, then offered investors one-on-one calls during his honeymoon.
AI Hedge Fund Situational Awareness Collapses
- Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then it Melted Down. The New York Times —
- Situational Awareness vs. Long-Term Capital Management: A side-by-side comparison MarketWatch —
- Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout Financial Times —
- The Unwind of Situational Awareness' Stock Bets Bloomberg —
- AI Hedge Fund Collapses as Earnings Hit Tech Giants | Bloomberg Businessweek 7/31/2026 Bloomberg —